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The Economic Times
The Economic Times

Eight public sector banks add 13,223 employees in FY26; SBI leads hiring spree

Mumbai: Eight of the 12 public sector banks added 13,223 employees in FY26, taking their combined workforce to over 6.28 lakh, with State Bank of India (SBI) accounting for the bulk of the hiring.

Analysis of data compiled by PTI from banks' annual reports shows that the total employee strength of the eight public sector banks stood at 6,28,203 at the end of March 31, 2026, compared with 6,14,980 in FY25, marking an increase of 13,223 employees.

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